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Ruling to explain the scope of "other specified insurance products" under Paragraph 2 of Article 7 of the Regulations Governing Business Solicitation, Policy Underwriting and Claim Adjusting of Insura
The FSC issued a ruling (Ref. No. Jin-Kuan-Pao-Shou-10202552758) on 7 November 2013 to explain the scope of "other specified insurance products" under Paragraph 2 of Article 7 of the Regulations Governing Business Solicitation, Policy Underwriting and Claim Adjusting of Insurance Enterprises as follows, effective from 9 November 2013:
1. Driver's personal injury insurance and traffic accident-caused injury insurance under the automobile insurance policy and the insurance coverage does not exceed NTD10,000,000.
2. Fire injury insurance and residency specific event-caused injury insurance under the home fire insurance or homeowner's insurance policy and the insurance coverage does not exceed NTD5,000,000.
3. Transport accident-caused injury insurance or injury insurance for the entire journey under credit card comprehensive insurance policy and the insurance coverage does not exceed NTD10,000,000.